HBL opened its branch in the Gwadar Free Zone on the 29th of January 2018, making it the only bank to have a branch in Gwadar as well as China.
The branch was inaugurated by the Ambassador of China to Pakistan, Mr. Yao Jing, along with Mr. Zhang Baozhong, Chairman China Overseas Port Holding Company Ltd. and Mr. Rayomond Kotwal, Acting President and CEO, HBL.
Speaking at the occasion, Mr. Kotwal stated:
Today HBL stands proud as it becomes the first bank with branches in Gwadar as well as China. We are honored to be playing a leading role in supporting the China Pakistan Economic Corridor, opening new avenues of business, trade and investment between the two countries.
Last year, HBL had become the first Pakistani bank to open a branch in China. The branch was opened in Urumqi – a city with enormous potential. HBL was also the first Pakistani bank to offer CNY accounts to its customers in Pakistan.
HBL offers a comprehensive product range covering corporate and individual customers, including financing, trade-based facilities, guarantees, remittances, loans, debit and credit cards and much more.
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HBL’s target market is not just limited to customers in Pakistan and China but it aims to market CPEC opportunities across borders using its international reach and customer base.
As a bank that is an integral part of Pakistan’s fabric, HBL aspires to contribute to economic development in Pakistan, and looks forward to enriching the lives of its customers with its commitment to banking excellence.
The centre Chinese guy need dental work
SMH and u need life :)
relax, a good smile always keeps evil away.
HBL also remains the only Pakistani to be slapped with fine and closure of bank in USA.
Local banks are incapable of performing domestically left alone than compete internationally, for instance non of the domestic leaders of the banking industry has an significance in operating in the Middle east where 75% of NRP work. No overseas Pakistani will open account with them unless was forced to cash in on low interest charges on remittances.